FDD Item 4: Has Anyone Here Gone Bankrupt? Item 4 discloses bankruptcies involving the franchisor and its key people. One old filing is not a verdict, but a pattern matters. Here's how to read it.
FDD Item 3: What the Lawsuits Tell You Item 3 is where the franchisor has to disclose its lawsuits. The number matters less than the pattern. Here's how to read it.
FDD Item 2: Who's Really Running the Company Item 2 is the leadership team's resume. It tells you whether experienced operators are running the franchise, or people learning on the job. Here's how to read it.
FDD Item 1: Who You're Really Buying Into Item 1 is the very first page of an FDD, and it answers a simple question: who are you actually going into business with? Here's how to read it without a law degree.
Introducing the Franchise Signal MCP Connector for FDD Data Introducing the Franchise Disclosure Documents (FDDs) MCP Connector for Franchise Diligence and Research - Ask better questions, and give your AI full year-over-year context and data for multiple brands.